generational equity mergers
(Generational Equity Mergers)
In the absence of legislative reform, there will occur a time in the middle of this century when benefits due under Social security will outgo the sum of investment trust assets and platform revenues. At that point, program administrators wouldn't have the legal authority to fill up profit payments; as an alternative, they would have to reduce profit payments by leastwise 22%. (Generation Equity Investors)
(Generation Equity Service)
These reductions would lower the amounts found by retired participants; the reductions, however, wouldn't reduce the sums of money paid into the program by those participants. Thus, the primary effect of the reductions would be to impose larger platform burdens on participants getting profits at or after the middle of the century. By contrast, participants who have found profits in the past or who are receiving benefit payments today would bear none of the cost of program insolvency. ( Dallas Generational Equity)